2020 NTA UGC NET Exam Template

Session

Paper

Number of questions (all are required)

Brands

Duration

Single (no break between paper 1 and paper 2)

I

50

100

3 hours

II

100

200

Total

150

300

S. No

Chapters on microeconomics

1

Consumer behavior theory

2

Theory of production and costs

3

Decision making under uncertainty Attitude towards risk

4

Game theory – Non-cooperative games

5

Market structures, competitive and non-competitive balances and their efficiency properties

6

Factor pricing

7

General equilibrium analysis

8

Efficacy criteria: Pareto-Optimality, Kaldor – Hicks and Wealth Maximization

9

Welfare economics: fundamental theorems, function of social welfare

ten

Asymmetric information: unfavorable selection and moral hazard

S. No

Chapters on macroeconomics

1

National income: concepts and measurement

2

Determination of production and employment: classical and Keynesian approach

3

Consumption function

4

Investment function

5

Multiplier and accelerator

6

Money request

7

Money supply

8

IS – LM model approach

9

Inflation and Phillips Curve Analysis

ten

Business cycles

11

Monetary and fiscal policy

12

The rational expectation hypothesis and its critique

S. No

Chapters on Statistics and Econometrics

1

Probability theory: concepts of probability, distributions, moments, central limit theorem

2

Descriptive statistics – Measures of central tendency and dispersions, correlation, index numbers

3

Sampling methods and sampling distribution

4

Statistical inferences, hypothesis tests

5

Linear Regression Models and Their Properties – BLUE

6

Identification problem

7

Simultaneous Equation Models – Recursive and Non-recursive

8

Discrete Choice Models

9

Time series analysis

S. No

Mathematical economics chapters

1

Sets, functions and continuity, sequence, series

2

Differential calculus and its applications

3

Linear algebra – Matrices, vector spaces

4

Static optimization problems and their applications

5

I / O model, linear programming

6

Differences and differential equations with applications

S. No

International economics chapters

1

International trade: basic concepts and analytical tools

2

International trade theories

3

International trade under imperfect competition

4

Balance of payments: composition, balance and imbalance and adjustment mechanisms

5

Exchange rate: concepts and theories

6

Foreign exchange market and arbitrage

7

Gains from trade, terms of trade, trade multiplier

8

Tariff and non-tariff barriers to trade; Dumping

9

GATT, WTO and regional trading blocks; Trade policy issues

ten

IMF and World Bank

S. No

Public economics chapters

1

Market failure and remedies: asymmetric information, public goods, externality

2

Market regulation – collusion and consumer welfare

3

Public revenue: fiscal and non-fiscal revenue, direct and indirect taxes, progressive and non-progressive taxation, incidence and effects of taxation

4

Public expenses

5

Public debt and its management

6

Public budget and budget multiplier

7

Fiscal policy and its implications

S. No

Chapters on Money and Banking

1

Components of money supply

2

central bank

3

Commercial Bank

4

Instruments and functioning of monetary policy

5

Non-bank financial institutions

6

Capital market and its regulation

S. No

Chapters on the economics of growth and development

1

Economic growth and economic development

2

Economic development theories: Adam Smith, Ricardo, Marx, Schumpeter, Rostow, balanced and unbalanced growth, Big Push approach

3

Models of economic growth: Harrod-Domar, Solow, Robinson, Kaldor

4

Technical progress – disembodied and embodied; endogenous growth

5

Economic development indicators: PQLI, IDH, ODD

6

Poverty and Inequalities – Concepts and Measures

7

Social sector development: health, education, gender

S. No

Chapters on environmental economics and demography

1

The environment as a public good

2

Market failure

3

Coase’s theorem

4

Cost-benefit analysis and compensation criteria

5

Assessment of environmental goods

6

Population theories

7

Concepts and measures: fertility, morbidity, mortality

8

Age structure, demographic dividend

9

Life table

ten

Migration

S. No

Chapters on Indian economy

1

Economic growth in India: model and structure

2

Agriculture: Pattern and structure of growth, main challenges, policy responses

3

Industry: Pattern and structure of growth, main challenges, policy responses

4

Services: Pattern and structure of growth, main challenges, policy responses

5

Rural development – Policy issues, challenges and responses

6

Urban development – Policy issues, challenges and responses

7

Trade: Structure and direction, balance of payments, foreign capital flows, trade policies

8

Infrastructure development: Physical and social; Public-private partnerships

9

Land, labor and capital market reforms

ten

Central Indian State Financial Relations and Finance Commission; FRBM

11

Poverty, inequalities and unemployment